Billions of barrels left behind in Alberta

Study says one-third of Alberta’s original oil in place has been recovered; balance can be lifted for cost of tapping new pools

Gary Park

For Petroleum News

With few exceptions, barely one-third of the original oil in place has been recovered from Alberta oil fields, meaning billions of barrels are being left behind, a study by the Petroleum Technology Alliance Canada says. And the study, entitled Ramping Up Recovery, estimates what is left behind could....